WTO Rule In Favour Of Airbus
1 Feb 2011 [1 Comment | 27 views]
Yesterday the WTO (World Trade Organisation) announced that it had ruled in favour of Airbus against Boeing receiving unfair government subsidies for its 787 Dreamliner. Over the past few decades Boeing has received about $5bn (£3.1bn) in indirect subsidies which according to Airbus cost it $45bn in sales. In response to the findings Boeing said [...]
Apple and Google profits come in at almost four times profits at Goldman Sachs
24 Jan 2011 [0 Comments | 21 views]
Time was when dotcoms sold vapourware, and enjoyed enormous valuations based on naive hope. They didn’t make money, they just sold a dream built on foundations of sand. Banks, on the other hand, were the definition of solid. That’s all quite ironic, for these days banks seem to be the ones selling vapourware, and it [...]
Is Steve Jobs the core at Apple
20 Jan 2011 [0 Comments | 139 views]
One assumes you didn’t miss the latest results from Apple. To be honest, it is getting hard to keep track. Every year the company seems to set a new record, and we all know Apple’s growth has been extraordinary, but after a while you just get bored with using words like remarkable and stunning. Revenue [...]
The three BPs: British Petroleum, Bolshoi Petroleum and British pensioners
17 Jan 2011 [0 Comments | 359 views]
You have to feel for Vlad Putin. You can imagine this issue has upset him so much that he is getting sleepless nights. Poor old Vlad, he was really upset over the way BP was treated in the US. Well, he can sleep better, because he has done his level best, in that philanthropic way [...]
Intel breaks record, but is this its last hurrah?
14 Jan 2011 [1 Comment | 412 views]
Only one word will do: impressive. But what is truly head turning about the latest figures from Intel isn’t that it merely posted its best year ever. No, what stands out is that the company broke its record at a time when its core market was in trouble. In other words, Intel seems to have [...]
iPad erodes PC sales
13 Jan 2011 [0 Comments | 190 views]
The times, they are a-changin’. It seems now that the iPad is beginning to encroach on the PC market. But this is just the beginning. According to IDC, the world saw an additional 2.7 per cent of PCs shipped in Q4, much less than the 5.5 per cent expected. But tablet sales soared. Gartner told [...]
Investors reel at ditching paper company reports
10 Jan 2011 [0 Comments | 122 views]
The latest battle ground in the war between paper and electronic media seems to be company reports, with last week seeing new proposals to abolish traditional paper reports. Private investors are not happy. Paper: when you are reading, whatever it is, do you prefer it to be written down on paper, or are you happy [...]
When a car is an app: Ford enters the digital age with the computer-cum-electric car
7 Jan 2011 [0 Comments | 287 views]
Have you ever forgotten where you parked your car? Come on, be honest now – never? Fear not, Ford has done something of a first. It’s a new app, and a car, all in one. The company is hailing its new electric Focus as the ultimate app for smart phones. Ford chose an unusual place [...]
Ford leads the way into China
7 Jan 2011 [0 Comments | 197 views]
As you know, China doesn’t buy Western goods. For that matter, Western companies wishing to set up in China have to deal with a sea of red tape making it nigh on impossible for them. It’s all a part of China’s refusal to play fair. And yet, if that is so, explain why it is [...]
LinkedIn flotation could be on the cards for this quarter
7 Jan 2011 [0 Comments | 561 views]
Mad. Banks were mad when they bought into subprime. Economists were mad when they insisted the economy would avoid recession in 2008. Gordon Brown was mad when he sold gold when it was around a quarter of the current price. And then there was dotcom madness. Well, forget all that. Now, madness has hit a [...]
